By Rob Cox and Oliver Hirt ZURICH (Reuters) – Swiss Re <SRENH.S> plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant insurance experience. Swiss Re has nominated Ermotti, who is due to step down from […]
By Scott DiSavino NEW YORK (Reuters) – Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions. Prices fell as it became evident the rocket […]
By Eric M. Johnson and Tim Kelly SEATTLE/TOKYO (Reuters) – Japan’s ANA Holdings Inc <9202.T> will buy 15 Boeing Co <BA.N> 787 Dreamliners worth $5 billion at list prices, it said, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX. The deal, […]
